Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 44.37%
March 31, 2024 44.24%
December 31, 2023 45.31%
September 30, 2023 40.60%
June 30, 2023 43.99%
March 31, 2023 45.16%
December 31, 2022 40.14%
September 30, 2022 41.34%
June 30, 2022 38.91%
March 31, 2022 42.50%
December 31, 2021 39.67%
September 30, 2021 42.38%
June 30, 2021 43.41%
March 31, 2021 44.33%
December 31, 2020 43.74%
September 30, 2020 44.64%
June 30, 2020 45.19%
March 31, 2020 43.87%
December 31, 2019 40.45%
September 30, 2019 43.17%
June 30, 2019 42.27%
March 31, 2019 44.09%
December 31, 2018 41.90%
September 30, 2018 41.69%
June 30, 2018 41.38%
Date Value
March 31, 2018 41.74%
December 31, 2017 33.96%
September 30, 2017 36.12%
June 30, 2017 36.33%
March 31, 2017 35.75%
December 31, 2016 35.78%
September 30, 2016 36.56%
June 30, 2016 34.79%
March 31, 2016 35.01%
December 31, 2015 45.57%
September 30, 2015 37.95%
June 30, 2015 45.08%
March 31, 2015 44.81%
December 31, 2014 31.66%
September 30, 2014 41.24%
June 30, 2014 43.38%
March 31, 2014 51.64%
December 31, 2013 36.78%
September 30, 2013 41.12%
June 30, 2013 38.59%
March 31, 2013 41.77%
December 31, 2012 41.01%
September 30, 2012 39.24%
June 30, 2012 42.33%
March 31, 2012 45.03%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

38.91%
Minimum
Jun 2022
45.31%
Maximum
Dec 2023
42.86%
Average
43.74%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics